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Cyber fraud victims face delays and little accountability from banks

13% of respondents experienced cybercrime in the past two to three years, with 54% of victims reporting digital financial fraud; while most victims approached banks within 24 hours, many reported delays in blocking unauthorised transactions, poor support and banks’ reluctance to accept liability; victims, experts also raised several concerns

· 10/7/2026, 10:38:34 AM· 2 min read
Cyber fraud victims face delays and little accountability from banks
13% of respondents experienced cybercrime in the past two to three years, with 54% of victims reporting digital financial fraud; while most victims approached banks within 24 hours, many reported delays in blocking unauthorised transactions, poor support and banks’ reluctance to accept liability; victims, experts also raised several concerns
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